Rolling coverage of the latest economic and financial newsTariffs, tech and Taiwan: how China hopes to Trump-proof its economyYesterday’s cut to UK interest rates doesn’t seem to have yet filtered through to borrowers.Data provider Moneyfacts reports that the average rate on two-year loans is unchanged this morning, while the five-year equivalent is slightly higher:The average 2-year fixed residential mortgage rate today is 5.42%. This is unchanged from the previous working day.The average 5-year fixed residential mortgage rate today is 5.14%. This is up from 5.13% the previous working day. Continue reading...